Marinas
Most boaters live for Sun-filled days, a calm sea, an ice chest full of refreshment, a full tank of fuel, and a place they can spend a day away from the noise of everyday life.
They jump in the car, drive to the marina, pick up some bait, cast off their lines, pull up to the fuel dock, and off they go for a day of pleasure. And, at the end of the day, they sail back to the marina, wash down the decks, discard the trash and pump out the onboard sanitary system at dockside. All the while not giving a thought to the legal and financial demands on the marina owner in order to provide all of these services that most pleasure boaters take for granted.
Owning and operating such environmentally sensitive and highly regulated properties is very demanding. It requires continual attention to ever-changing governmental regulations, as well as meeting the normal demands of a rather complex business operation.
So, whether you’re seeking new financing, want to know the feasibility of spinning off one or more components, or are involved in a litigation matter, such as a property tax appeal, or eminent domain, our marina experts have decades of experience in the valuation of marinas, including providing expert testimony.
We can address any type of valuation issue, from valuing the whole entity, including the value of the business. Or, we can isolate the value of any component, such as the value of the real estate, or the machinery & equipment.
Let the accredited appraisers at Global Valuations with your litigation needs.